Grupo Financiero Galicia (GGAL) Announces Quarterly Earnings, Beats Expectations By $0.14 EPS
Grupo Financiero Galicia (NASDAQ:GGAL) issued its quarterly earnings data on Tuesday. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.14, Analyst RN reports.
Grupo Financiero Galicia (NASDAQ:GGAL) opened at 13.07 on Tuesday. Grupo Financiero Galicia has a 1-year low of $6.43 and a 1-year high of $18.50. The stock has a 50-day moving average of $15. and a 200-day moving average of $12.79. The company has a market cap of $1.699 billion and a price-to-earnings ratio of 5.14.
A number of analysts have recently weighed in on GGAL shares. Analysts at Zacks downgraded shares of Grupo Financiero Galicia from an “outperform” rating to a “neutral” rating in a research note on Monday. They now have a $16.70 price target on the stock. Analysts at JPMorgan Chase & Co. downgraded shares of Grupo Financiero Galicia to an “underweight” rating in a research note on Wednesday, June 11th.
Grupo Financiero Galicia SA (NASDAQ:GGAL) is a financial services holding company.
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